12-12-2008 - Laserfiche WebLink

Home Browse Search

Item Number: 7A • Meeting Date: December 8, 2008 Type of Business: EDA Administrator Review: City of Mounds View Staff Report To: Economic Development Authority From: Heidi Steinmetz, Economic Development Specialist Item Title/Subject: Resolution 08-EDA-249 Authorizing a Modification of the Project Plan for the Mounds View Economic Development Project (Tax Increment Financing Plan) Background Item 7B on tonight's EDA agenda provides details on a recent application for the Housing Replacement Program. The program requires that the applicant's property be included on a list of parcels eligible for acquisition as part of the FDA's "Project Plan for the Mounds View Economic Development Project". The EDA's "Project Plan for the Mounds View Economic Development Project" is attached for your review. It is a legal document that outlines the EDA's development and redevelopment plans as authorized per State Statute. The Project Plan was last modified by the EDA on June 28, 2004. The list of parcels in the Project Plan was compiled by City staff based on a windshield survey. A windshield survey is a visual assessment of property exteriors based on set criteria. It is important to note that because the parcels listed in the Project Plan could be acquired by the EDA, this does not mean that the EDA would buy them or even consider acquisition. Discussion As mentioned above, staff recently received a Housing Replacement Program application. The house in question is not on the list of parcels mentioned above but it qualifies as blighted per an inspection recently completed by the City's Housing Inspector Jeremiah Anderson. This prompted staff to question whether the EDA should update the list of eligible properties. As mentioned above, only windshield surveys were used by the City to place properties on the list as part of the June 28, 2004 Project Plan. • Staff is suggesting that the EDA consider amending the Project Plan to update this list of eligible properties. This is based on Mr. Anderson's inspection knowledge and the code enforcement issues that have occurred at many of the properties.